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Indonesia and U.S. Conclude Sweeping Tariff Deal After Lengthy Talks

SMGN July 16, 2025

In a significant development in international trade, the United States and Indonesia have finalized a comprehensive tariff agreement, reducing duties on Indonesian exports from the previously imposed 32% to 19%. The deal also opens the door for expanded bilateral trade, including major new Indonesian commitments to purchase American-made goods. The

Electricity Rates Set to Climb Following Changes in Clean Energy Tax Incentives

SMGN July 15, 2025

A Shift in Policy and Its Impacts On July 4, President Trump signed legislation that dismantles longstanding tax incentives for renewable energy initiatives like wind and solar. This change is anticipated to elevate power costs for millions of Americans, particularly in states where renewable energy development lacks state-level support. According

EU Pushes Back Massive Tariffs on U.S. as Trade Talks Loom

SMGN July 14, 2025

EU Extends Suspension, Eyes Negotiation Clock European Commission President Ursula von der Leyen confirmed on Sunday that the EU will postpone its planned retaliatory tariffs against U.S. exports—initially scheduled for Tuesday—until early August. The penalties, sized at €21 billion, were first suspended in March following initial U.S. tariffs on steel and

Trump’s Asia Tariff Push Sends Shockwaves Through Global Supply Chains

SMGN July 11, 2025

Japan, South Korea, and Others Brace for Economic Fallout from New U.S. Duties A sweeping tariff escalation by the U.S. has placed many of Asia’s key trading partners on alert, raising uncertainty over long-standing trade arrangements and economic alliances. Among those most affected is Japan, whose Prime Minister Shigeru Ishiba

U.S. Commits to Strengthen Rare Earth Independence with Major Stake in California Mine

SMGN July 10, 2025

The U.S. government is taking a significant step to reshape the global supply chain of critical minerals by becoming the largest shareholder in the only active rare earths mine in the country. This move underscores a renewed strategy aimed at reducing American reliance on foreign sources, particularly China, for elements

Tracking Trump’s Latest Tariff Moves: What’s Enforced, What’s Postponed, and What Comes Next

SMGN July 9, 2025

As new tariff deadlines approach, ambiguity surrounds the future of U.S. trade policy. President Donald Trump’s ongoing tariff strategy remains fluid, with some measures already enacted, others postponed, and additional rounds under consideration. While some countries still face steep import taxes, others are negotiating exemptions or adjusting trade terms to

Wall Street Responds Coolly to Trump’s Latest Trade War Signals

SMGN July 8, 2025

Global markets stay steady as Trump sets flexible August deadline Despite renewed threats of tariff hikes from former President Donald Trump, financial markets have remained remarkably calm. On Monday, Trump reaffirmed his intention to escalate the trade war, but extended the deadline for implementation to August 1 and signaled a

Global Shifts: What the Dollar’s Decline Could Signal About U.S. Economic Might

SMGN July 7, 2025

The Symbolic Fall of the Greenback There are few images more closely tied to American economic supremacy than the U.S. dollar. But today, that image is being tested. The dollar has fallen by more than 10% this year, marking its worst start to a year since 1973, when the U.S.

Trump Prepares to Send Formal Tariff Letters Ahead of August Implementation

SMGN July 4, 2025

Countries to receive official notice of increased U.S. tariffs as July 9 deadline for trade negotiations nears The U.S. government will soon begin notifying a number of countries of impending increases in import tariffs, according to President Donald Trump, who announced Thursday that formal letters outlining the new trade measures

U.S. Job Market Beats Forecasts With Strong Public Sector Hiring

SMGN July 3, 2025

In an unexpected turn, the U.S. labor market added 147,000 jobs in June, outpacing the predicted 110,000 and signaling ongoing economic resilience despite underlying concerns. The unemployment rate also declined slightly, falling to 4.1% from May’s 4.2%, according to the U.S. Department of Labor. Government and Healthcare Drive Job Growth

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Kendrick Lamar Tops 2026 Grammy Nominations with Nine Nods

SMGN November 7, 2025

The Los Angeles rapper leads the field with his album “GNX” and hit single featuring SZA Kendrick Lamar’s dominance in the music industry shows no sign of slowing. The Los Angeles rapper received nine nominations for the 2026 Grammy Awards, marking another milestone in his celebrated career. His name appears

Trump Renominates Jared Isaacman as NASA Administrator

SMGN November 7, 2025

The White House reinstates nomination after previous withdrawal President Donald Trump has once again nominated tech entrepreneur and astronaut Jared Isaacman to serve as NASA administrator, months after initially withdrawing his name over concerns related to political affiliations. The earlier withdrawal, announced in May, followed what Trump described as a

ADL Explains Its Monitoring Initiative on New York Mayor-Elect Zohran Mamdani

SMGN November 7, 2025

New project aims to observe policies affecting Jewish community safety The Anti-Defamation League (ADL) has announced the creation of a special initiative to monitor the policies and appointments of New York City’s mayor-elect, Zohran Mamdani. The organization, which focuses on combating antisemitism, stated that the program seeks to “track actions

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